Price drop

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  #46  
Old 05-29-2025, 10:41 PM
Jalane Jalane is offline
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Originally Posted by Sharkey View Post
Good to know...but do you mean north of 466 or north of 466A?
It really boils down to what you like to do. If you like to shop, buy a house in the northern part of the Villages so you are close to those areas.

If you want to focus more on outdoor activities, there are more multimodal paths for walking and biking in the southern part of TV. There is a noticeable difference in the ages and activity levels of Villagers as you go south.
  #47  
Old 05-30-2025, 02:00 PM
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Good to know...but do you mean north of 466 or north of 466A?
466 and 466a has the nickname of Between the 6’s.

One need to understand that everyone thinks their area or village is the best place to live. Even if it’s not, nobody is going to admit they made a half million dollar mistake
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  #48  
Old 05-30-2025, 02:30 PM
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466 and 466a has the nickname of Between the 6’s.

One need to understand that everyone thinks their area or village is the best place to live. Even if it’s not, nobody is going to admit they made a half million dollar mistake
Middleton is the best in the area. At least that's what my buyers need to know.
  #49  
Old 05-30-2025, 08:50 PM
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Originally Posted by margaretmattson View Post
From my experience, the developer lowers the price on undesirable homes. Backs up to a major street, power lines, noise, kissing lanais, small interior lot, etc. OP, follow your gut. If you feel a home will not retain its value or a price drop is in the near future, you are probably correct.

If you are looking at preowned, research thoroughly before you buy. I would suggest you start with math.

714 homes available on MLS. Each week more are added. Homes sold each week average 30 to 40.

OVER 90% OF THE INVENTORY IS SITTING. If you are patient, it will not be difficult to find a good bargain.
That is because sellers think their homes are still worth what they were during the "Covid Boom"...
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  #50  
Old 05-30-2025, 09:05 PM
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Originally Posted by JMintzer View Post
That is because sellers think their homes are still worth what they were during the "Covid Boom"...
That boom in Florida is long gone forever. 2% mortgages, bidding wars and competing for a house are in the rear view mirror. Now we have the condo market collapse, 7% interest, skyrocketing insurance and record contract cancellations.
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  #51  
Old 05-31-2025, 09:18 AM
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That boom in Florida is long gone forever. 2% mortgages, bidding wars and competing for a house are in the rear view mirror. Now we have the condo market collapse, 7% interest, skyrocketing insurance and record contract cancellations.
Demand is lessening. A great time for Buy N Holders to buy.
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  #52  
Old 05-31-2025, 11:40 AM
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Last edited by MplsPete; 05-31-2025 at 11:48 AM. Reason: Posted in wrong thread.
  #53  
Old 05-31-2025, 11:49 AM
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Originally Posted by Normal View Post
That boom in Florida is long gone forever. 2% mortgages, bidding wars and competing for a house are in the rear view mirror. Now we have the condo market collapse, 7% interest, skyrocketing insurance and record contract cancellations.
And don't forget the huge bond on new homes.
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